Press release
The Anti-Fatigue Cosmetics Industry Is Expected to Grow at A CAGR of 4.7% From 2021-2031
Historically, from 2016 to 2020, the sales of anti-fatigue cosmetics industry surged at around 4% CAGR, reaching US$ 15.2 Mn by the end of the aforementioned period. The market further inclined to reach US$ 15.9 Mn in 2021, at a year-on-year growth rate of 4.6%. Demand for anti-fatigue cosmetics surged even further during COVID-19, as individuals attempted to cope with mounting stress levels, given mandatory work-from-home directives.
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Furthermore, demand from geographic regions such as North America and Asia Pacific is augmenting the sales of anti-fatigue cosmetics owing to the increase population of millennials and generation Z in the region. As focus towards sustainability increases, the demand for anti-fatigue cosmetics is also expected to gain traction in the forthcoming forecast period.
Key Takeaways from the Market Study
• By product, creams to account for more than 35% market share for anti-fatigue cosmetics industry.
• By products, lotions projected to be the fastest growing segment with a CAGR of 6 % for anti-fatigue cosmetics.
• By distribution channel, offline distribution channel to possess 80% market share for anti-fatigue cosmetics.
• Anti-fatigue cosmetics industry expected to possess nearly 37% market share throughout North America
• Anti-fatigue cosmetics industry expected to possess nearly 40% market share throughout Asia
"Consumers have evolved beyond traditional grooming products and have shown higher interest in cosmetics made from natural products. As a result, cosmetic product manufacturers have incorporated anti-fatigue cosmetics into their portfolios to cater to the rising consumer demand for plant and fruit based cosmetics." says the Fact.MR analyst.
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Key Segments Covered
Product Form
• Anti-Fatigue Creams
• Anti-Fatigue Oils
• Anti-Fatigue Lotions
• Anti-Fatigue Serums
• Anti-Fatigue Gels
Distributional Channel
• Offline Anti-Fatigue Cosmetic Sales
• Online Anti-Fatigue Cosmetic Sales
Competitive Landscape
Gaining approvals from governmental regulatory and non-governmental regulatory bodies, collaborating with potential clients from myriad of allied industries and introduction of new products comprise the core strategies of prominent manufacturers of anti-fatigue cosmetic products. Some noteworthy developments are:
• In September 2021, Unilever Plc announced that 27 of its new cosmetic products have been approved by the People for the Ethical Treatment of Animals (PETA), as part of the company's endeavour to wean off from animal-derived cosmetic products and broaden its cruelty-free portfolio. These additions follow the approval of its TRESemmé, Simple and St. Ives brands respectively.
• In July 2020, Australian e-sports club: The Chiefs, partnered with L'Oréal Paris Men Expert to promote its Hydra Energetic Anti-Fatigue 24H moisturizer. The cosmetic is highly effective in offsetting signs of late night online gaming sessions, by providing an instant energy boost
Key Market Players:
• L'Oréal S.A
• Estée Lauder
• Unilever Plc
• Shiseido
• Bio Veda Action Research
• Christian Dior SE
• Nuxe Inc.
• Mesoestetic
• Colame Cosmetics Co. Ltd
• Madara Cosmetics
• Zymo
Report Summary
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of anti-fatigue cosmetics across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of anti-fatigue cosmetics during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Key Questions Answered in Report
• Which are the most lucrative anti-fatigue cosmetics markets?
• Which factors will impact the growth of anti-fatigue cosmetics?
• How will changing trends impact the strategies of market players?
• How can market players capture the low-hanging opportunities across regions?
• What are the winning strategies of stakeholders in the anti-fatigue cosmetics market?
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